Join us Tuesday, June 14 at 1 p.m. ET for our free webinar “IRS Audits: Mistakes to Avoid,” where Nick Richards, former IRS attorney and Partner & Chair of the Cannabis Law Group at Greenspoon Marder, will outline important considerations in the event that your business is selected for an audit, including: - The history of 280E and BSA audits of cannabis companies—and where the industry stands today
- Lessons learned from current tax litigation involving U.S. cannabis businesses
- The tax implications of company formation (e.g., S Corporation, C Corporation, LLC)
- The importance of proper cash reporting for all major business transactions (Form 8300)
- The expertise you need on-hand during an audit
- How to interact with auditors during digital, phone and in-person communications
- What types of audit-related documentation should be easily accessible
- How to handle an audit proposal and reach a favorable settlement
You’ll also have the opportunity to ask questions during a live Q&A period. |